🇺🇸 Breaking: Trump Fires IRS Chief — Treasury Secretary Scott Bessent Steps In
President Trump has fired the IRS Commissioner, naming U.S. Treasury Secretary Scott Bessent as acting IRS Commissioner.
Who is Bessent?
• Billionaire hedge fund manager, ex–Soros Fund Management CIO.
• Founder of Key Square Group.
• Currently serving as the 79th U.S. Treasury Secretary.
• Publicly declared the U.S. has entered a “golden age of crypto” under the Trump administration.
• Supporter of clear regulations for stablecoins & blockchain innovation.
Why This Matters for Crypto
✅ Pro-Crypto Policy Shift — Bessent has pushed for ending heavy-handed crypto enforcement.
✅ Stablecoin Support — Backed the GENIUS Act, giving stablecoins clearer legal status in the U.S.
✅ Bullish Sentiment — Market may price in a friendlier tax & reporting environment for digital assets.
With ETH already above $4K and altcoins heating up, this political shake-up could add extra fuel to the rally.
⚠️ Disclaimer: This is not financial advice. Always DYOR before trading.
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